Retail news

• Moss ramps up store expansion with new Bullring location and major rebrand drive

  31-01-2025 17:15 via retailgazette.co.uk
  
  Moss is set to open a new store in Birmingham’s Bullring shopping centre in May, continuing its efforts to refurbish and resize its store portfolio.
  The menswear retailer, which rebranded from Moss Bros to “Moss” in 2023 is focusing on updating stores in high-footfall locations. Though the existing Moss store at Birmingham New Street will remain open.
  CEO Brian Brick told Drapers that Moss is also undergoing major refurbishments across its portfolio.
  Its flagship store on Oxfor
  
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• Exclusive: Poundland MD Austin Cooke exits

  31-01-2025 16:35 via retailgazette.co.uk
  
  Poundland’s managing director Austin Cooke has left the discount chain less than two weeks after ex-boss Barry Williams returned to the helm, Retail Gazette has learnt.
  Cooke, who stepped down this week, took over from Williams in September 2023 when he moved across to manage the retailer’s parent company Pepco’s operations in Europe.
  Williams is currently overseeing a “comprehensive assessment” of Poundland and its sister chain Dealz in the Republic of Ireland. Rel
  
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• Burberry poaches Costa Coffee chief information officer

  31-01-2025 14:41 via retailgazette.co.uk
  
  Burberry has appointed Costa Coffee executive Charlotte Baldwin as its new chief information officer.
  Baldwin, who will join the luxury fashion retailer at the end of March, will be responsible for leading its global technology team while reporting to chief executive Joshua Schulman.
  She currently works as Costa Coffee’s global chief digital and information officer, overseeing its technology, digital and data organisation.
  Prior to this, she was the chief information, digital and
  
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• Burberry appoints Charlotte Baldwin as chief information officer

  31-01-2025 14:17 via theretailbulletin.com
  
  Burberry has appointed Costa Coffee executive Charlotte Baldwin as chief information officer. Due to join the luxury brand at the end of March, Baldwin is  currently... View Article
  
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• Trouva up for sale for the fourth time in three years

  31-01-2025 14:02 via retailgazette.co.uk
  
  The owner of online fashion marketplace Trouva is calling to suspend trading while it puts the business up for sale for the fourth time in less than three years.
  The owners, Project J, are working with accountancy firm RSM to find a new buyer, Sky News reported.
  Project J also owns home and living marketplace Fy!, which is understood to be not affected by the sale process.
  A source close to the company said it had taken the decision to pause orders and sales during the search for a new owner in
  
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• John Lewis Partnership warns staff on annual profit target

  31-01-2025 13:49 via ft.com
  
  Mutual group that owns Waitrose and department store blames subdued pre-Christmas consumer confidence
  
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• M&S takes aim at family shoppers with expanded value range

  31-01-2025 12:42 via retailgazette.co.uk
  
  Marks & Spencer is intensifying its value-focused offering, targeting family shoppers by expanding its Bigger Pack, Better Value range.
  The range, which M&S is increasing to over 90 products, is tailored specifically to meet the needs of families—a segment where the retailer has experienced notable growth.
  New lines include Select Farms Mixed Peppers (750g) for £2.50, Large Mozzarella & Tomato Pizza (465g) for £3.75, and two Garlic Baguettes (420g) for £2.25,
  
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• M&S takes aim at family shoppers with expanded value food range

  31-01-2025 12:42 via retailgazette.co.uk
  
  Marks & Spencer is intensifying its value-focused offering, targeting family shoppers by expanding its Bigger Pack, Better Value range.
  The range, which M&S is increasing to over 90 products, is tailored specifically to meet the needs of families—a segment where the retailer has experienced notable growth.
  New lines include Select Farms Mixed Peppers (750g) for £2.50, Large Mozzarella & Tomato Pizza (465g) for £3.75, and two Garlic Baguettes (420g) for £2.25.
  
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• Aldi shoppers bag over £17m in savings with Too Good To Go partnership

  31-01-2025 11:13 via retailgazette.co.uk
  
  Aldi shoppers have saved more than £17m through the supermarket’s partnership with Too Good To Go.
  Over one million Aldi Surprise Bags have now been saved since the partnership began in February 2023, helping to reduce food waste and provide affordable grocery options.
  The Surprise Bags, which cost just £3.30 each, contain grocery products that are nearing their sell-by or use-by dates. Each bag is worth at least £10 of food, offering a good saving for customers.
  The Germ
  
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• Aldi shoppers bag over £17m in savings with Too Good To Go

  31-01-2025 11:13 via retailgazette.co.uk
  
  Aldi shoppers have saved more than £17m through the supermarket’s partnership with Too Good To Go.
  Over one million Aldi Surprise Bags have now been saved since the partnership began in February 2023, helping to reduce food waste and provide affordable grocery options.
  The Surprise Bags, which cost just £3.30 each, contain grocery products that are nearing their sell-by or use-by dates. Each bag is worth at least £10 of food, offering a good saving for customers.
  The Germ
  
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• The Entertainer reveals top toy trends for January 2025

  31-01-2025 10:53 via retailgazette.co.uk
  
  The Entertainer has unveiled its key toy trends for January 2025, providing a look into shoppers’ preferences for the year ahead.
  The British toy retailer saw a 49% rise in sales of “pocket money” items, within the sub-£10 price range.
  The most popular toy of the month was its singular Hot Wheels toy cars, which start at £2.40 each. It also saw strong demand for licensed toys related to action film releases, such as Jurassic World, Minecraft and Captain America.
  The
  
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• M&S lowers prices across kidswear range

  31-01-2025 09:05 via retailgazette.co.uk
  
  M&S has cut the price of its children’s clothes as it looks to gain ground in the kidswear market.
  The high street giant has slashed its prices by up to 20% on more than 100 products from its ‘everyday essentials’ range.
  Customers will now be able to purchase a £10 hoodie for very young children and £13 tracksuit bottoms for kids between six and 16. Related StoryM&S promotes social media boss24/01/2025 x 2:11 PMM&S kidswear director Alexandra Dimitriu sa
  
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• Retail crime “spiralling out of control”

  31-01-2025 08:49 via theretailbulletin.com
  
  The British Retail Consortium has warned that retail crime is at its highest level on record as it publishes the results of its annual crime survey.... View Article
  
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• Homebase: Unsecured creditors owed more than £650m

  31-01-2025 08:47 via retailgazette.co.uk
  
  Homebase owes more than £650m to unsecured creditors including AO World and Halfords after it collapsed into administration late last year.
  Unsecured non-preferential creditor claims now sit at £657m, including £100m owed to trade creditors, according to a document filed with Companies House.
  The garden and DIY chain owes £2.9m to Close Brothers for till systems and £1.7m to XPO for logistics, which are unlikely to be repaid.
  AO World is due £750,000 for appli
  
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• Asda brings back Rollback pricing

  31-01-2025 08:45 via theretailbulletin.com
  
  Asda has relaunched its Rollback pricing scheme online and in its stores as part of plans to attract more customers. The supermarket is “rolling back” prices... View Article
  
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• Lidl introduces Pennies digital micro-donation system

  31-01-2025 08:40 via theretailbulletin.com
  
  Lidl has announced that it will become the first national supermarket to introduce the Pennies digital micro-donation system in its stores. The system allows customers to... View Article
  
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• John Lewis Partnership ‘misses’ targets after disappointing Christmas

  31-01-2025 08:28 via retailgazette.co.uk
  
  John Lewis Partnership has fallen short of its profit targets in the all-important golden quarter, with the retailer reporting both its brands had “missed their sales targets”.
  The Waitrose owner cited “lower consumer confidence and weaker than expected market confidence” for the softer sales in the month to 21 December, as well as the fact that key trading days fell outside this period.
  “Both John Lewis and Waitrose missed their sales targets,” the partnershi
  
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• Apple profits top estimates even as competition dents China iPhone sales

  31-01-2025 01:28 via ft.com
  
  Silicon Valley group says there are signs rollout of AI features will boost handset demand
  
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